• Metriks AI signed a definitive agreement on November 12, 2026, to acquire Mare Group’s 95% stake in Workgroup for EUR 18.9 million.
• Terms remain unchanged from July 29: EUR 7 million cash, EUR 1 million in shares and EUR 10.9 million in convertible bonds.
• The convertible bonds mature June 30, 2028, at EUR 11 million; performance-linked adjustments include an earn-out of up to EUR 3 million.
• WGS will receive EUR 1.1 million in newly issued Metriks AI shares for Workgroup’s remaining 5%, giving the buyer full ownership.
• Closing is expected by year-end 2026, subject to conditions; Workgroup’s software platforms will support Metriks AI’s expansion among Italian small businesses.

Disclaimer: This news brief was created by Public Technologies (PUBT) using generative artificial intelligence. While PUBT strives to provide accurate and timely information, this AI-generated content is for informational purposes only and should not be interpreted as financial, investment, or legal advice. Mare Engineering Group S.p.A published the original content used to generate this news brief via SDIR, the Italian regulatory disclosure system (Ref. ID: 20318_173627_2026_oneinfo.pdf), on November 12, 2026, and is solely responsible for the information contained therein.